Value of Exports to Sweden from Georgia
GASWEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94,976,885.00
Year-over-Year Change
-32.69%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Sweden from Georgia' measures the dollar value of goods and services exported from the U.S. state of Georgia to Sweden. This economic indicator provides insight into Georgia's trading relationship with Sweden.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total dollar value of exports from Georgia to Sweden, an important trading partner. The data is useful for understanding Georgia's participation in global trade, as well as the strength of its economic ties with Sweden.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and economists use this indicator to assess Georgia's export performance and the health of its trade connections.
Key Facts
- Georgia exported over $400 million in goods and services to Sweden in 2021.
- Sweden is Georgia's 26th largest export destination globally.
- Machinery and transportation equipment are major exports from Georgia to Sweden.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports from the U.S. state of Georgia to Sweden, one of Georgia's key trading partners.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Georgia's participation in global trade and the strength of its economic ties with Sweden, an important trading partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess Georgia's export performance and the health of its trade connections.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Sweden from Georgia (GASWEA052SCEN), retrieved from FRED.